KEI Network – Issue #94 – Nuclear Fusion – Anticipating the aftershocks

Energy - the world’s largest multi-$Trillion economy and central to the world’s geo-political balance. We produce and distribute it for fueling the economy. There are few places on earth where energy

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Issue #94

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Nuclear Fusion – Anticipating the aftershocks


KEI NETWORK webinar’s video link

https://youtu.be/kPJEEEQcCuc

December 17th, 2022

Energy is relevant to everyone, yes everyone on earth. Energy – the world’s largest multi-$Trillion economy and central to the world’s geo-political balance.  Energy we need it.  We consume it – for power or heat.  We produce and distribute it for fueling the economy. There are few places on earth where energy is as relevant as it is to Alberta.

Alberta is a geo-political force in the world’s energy economy.  As a major producer and distributor of energy – namely its oil and gas industry, Alberta is central to both Canada and the United States economies.  Alberta – like the rest of Canada, is also a major energy consumer given their northern climate.

So it comes as no surprise that this weeks announced “breakthrough” in fusion energy would attract the interest of Alberta and worldwide. What does come as a surprise – to me at least, and hence the subject of the December 17th webinar, is that there has been so little discussion about the impact and aftershocks of fusion becoming the source of energy for the future, that is just what are the expected social, economic, and geo-political impacts of fusion for energy.

We cast a question out to you and the KEI Network to learn your views of the implication of abundant energy as expected through fusion.  Many replies addressed the timing and technical science and engineering challenges of fusion. Overall – see below, they viewed development of fusion energy as having the potential to revolutionize the energy industry with a positive impact on both the environment and the economy. The December 17th Nuclear Fusion webinar echoed these sentiments.

The webinar’s recording can be viewed HERE featuring a brief introduction about fusion by the invited guest – Dr. Allan Offenberger, professor emeritus and world renown researcher and advocate for fusion energy. His presentation is followed by a Q&A of the KEI Network’s moderated by Perry Kinkaide exploring the future, the changes including any social, economic, or geo-political, and any aftershocks we might anticipate when fusion is available and accessible, and as promised clean and safe.

RESULTS of the KEI Network Survey (December 15th) –   IMAGINING THE IMPLICATIONS OF ACHIEVING ENERGY ABUNDANCE

Today the world over is wrestling with the challenges of energy security and an energy transition from high carbon sources to a low-carbon future. Thinking beyond these challenges, imagine a world where there is an abundance of clean and safe, affordable and accessible energy everywhere for everyone. In thinking about such a future – What challenges, opportunities and risks does such a future present?  Let us know of your views by replying to Editor@KEInetwork.net

We applied the survey feedback for analysis to Bearly AI – the new new Artificial Intelligence research tool for reading and writing.  Here is the executive summary:


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The combination of these events has made the development of fusion energy more attractive.

The development of fusion energy has the potential to revolutionize the energy industry and provide an abundant, clean, and safe source of energy. It could provide a reliable source of energy that is not subject to the fluctuations of the weather and is not dependent on the availability of natural resources. It could also reduce the need for costly energy storage solutions, as it can be used to generate electricity on demand.

The development of fusion energy could also have a positive impact on the environment. Fusion energy does not produce any greenhouse gases, and the waste products are much less radioactive than those produced by fission energy. This could help to reduce the amount of carbon dioxide in the atmosphere, and help to slow the effects of climate change.

The development of fusion energy could also have a positive impact on the economy. It could create jobs in the energy industry, and provide an affordable and reliable source of energy for businesses and households. This could help to reduce energy costs and make it easier for people to afford the energy they need.

Finally, the development of fusion energy could have a positive impact on global security. It could reduce the need for countries to rely on.

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KEI Network is a non-partisan platform connecting Alberta's experts, entrepreneurs, and leaders around the ideas shaping the province's future. Built on over 20 years and 15,000+ contacts across academia, government, and industry, it delivers reporting, events, and analysis without the spin.

From policy to emerging tech, KEI Network keeps you informed and connected to the people actually doing the work.

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